BusinessPhoto: Mint MarketsBig Tech Stocks Fall Sharply Amid AI Market Concerns
On November 5, major tech stocks experienced their largest drop since last year's 'Liberation Day' selloff, with the Nasdaq 100 losing over $2 trillion in market value. Investor fears over the Democratic Party's midterm win potentially slowing AI infrastructure growth and tighter financial conditions for smaller firms contributed to the decline. Analysts noted this marks a shift in sentiment that could lead to further selling.
Mint Markets·

